Current Wealth Holder

Is Your Family Prepared to Deal with Your Wealth?

Is your wealth prepared for your family?

Family life is a journey and any change of direction requires important decisions be made. Whether it’s a decision related to a financial crisis or a liquidity event, a marriage or divorce, wealth transfer, preparing the next generation, or myriad others, all families face important successes, conflicts, and transitions that impact wealth and security. As wealth grows, it often magnifies relationship issues that exist among family members, blurs the lines between love and money, and makes decision-making more complex.

Take our 5-question survey to quickly assess where your family stands with regard to your wealth – and vice versa. When you’re done, we’ll give you more info that can help you now and in the future.

Be a Perspective Keeper

Current Wealth Holder Survey

The primary reason that family wealth dissipates in a few generations is a breakdown in what we refer to as the business of the family (not the family business). The business of the family has to do with how a family makes decisions together, how they communicate about important topics, and how the next generation is prepared, for example. In essence, the business of the family has to do with preparing the family for their assets, versus preparing the assets for the family. This index will provide an indication of strengths and opportunities pertaining to the important aspects of the business of the family.

All responses will be kept anonymous.

1
Our family has a clear multi-generational vision for its wealth. *Strongly DisagreeDisagreeUndecidedAgreeStrongly Agree

Results

Your Score

Range

Profile

5-12

Silver

13-19

Gold

20-25

Platinum

Using the rating table above, determine if your total score aligns with the Silver, Gold, or Platinum profile.

Silver - This result suggests that there is an opportunity to quickly focus time and energy on preparing yourself and your family for the opportunities and responsibilities that come with wealth, otherwise, your family and wealth may experience undue risk in the future.

Gold - Focus more of your time and energy on those questions that you answered undecided, disagree, or strongly disagree. Following our recommended next steps will help you accomplish this.

Platinum - Congratulations! Continue to build on what is working and look for innovative ways to advance your knowledge and toolkit so that your family continues to flourish across the generations. For example, join our Video Library or read LEGACY.

Next Steps

If your profile was either "Silver" or "Gold" here are the recommended next steps you can take to increase your success index score in the future. If your profile was "Platinum" and you are not familiar with the resources below, we would recommend selecting one or two to advance your knowledge and toolkit.

How Do I Transfer Wealth To My Children?

How Do I Ensure A Happy Life For My Family?

Legacy Capitals is a leading provider of training, coaching, and consulting services on topics such as wealth & values transfer, preparing the rising generation, family governance, legacy planning, and family philanthropy to financially successful families & family businesses, wealth advisors, family offices, and financial institutions.